Spend less, Earn More, and Save as much as possible!

OK, I opened a Bank of America Keep the Change Savings account with $300 dollars. They automatically take the left over change on checkcard purchases, and put the change into your savings account. For example, a checkcard purchase of $10.01 would put .99 into your savings accent. In total your checking account would reflect -$11.00, and savings +$.99. The big incentive is that Bank of America will match some of your change… (restrictions below)

Started my account with $300, my change has added up to $329.16 and Bank of America is due to award me $128.41 on the anniversary of the creation of my keep the change checking account. (See Below)

Bank of America keep the change program

My $300 investment and $329.16 auto-invested change equals $629.16. YTD, it looks like the $128.41 yield I am expecting from Bank of America at the 1 year marker would be a 20% return on my own money.

ps. As mentioned in first Bank of America keep the change blogpost: “The restrictions are 100% match to your first 3 months of savings up to $60.00, and 5% of the rest of your savings, up to $250.00. If you are using the program to its maximum potential you would be getting a free $310 ($60 + $250) for free from Bank of America.”